Midea Group Co., Ltd. (SZSE:000333) acquired Rayco (Shanghai) Medical Products Company Limited from Carestream Health, Inc. on December 31, 2025. Carestream Health, Inc. (?Company?) has completed the separation of the Company into two geographically focused organizations, enhancing the long-term growth potential of each company. As part of the separation, Carestream Health retained all of the Company?s U.S. operations and most of the Company?s international operations have been organized under Carestream Healthcare International Company Limited previously known as Rayco (Shanghai) Medical Products Company Limited.

Lazard, Inc. acted as financial advisor for Carestream Health, Inc. Kirkland & Ellis, China acted as legal advisor for Carestream Health, Inc.

Midea Group Co., Ltd. (SZSE:000333) completed the acquisition of Rayco (Shanghai) Medical Products Company Limited from Carestream Health, Inc. on December 31, 2025.